Shippers Withdraw Objections to Watco Purchase of CN Lines in Wisconsin, Michigan

Objections to the acquisition by a short line holding company of Canadian National lines in Wisconsin and Michigan have been dropped.

The Wisconsin Central Group and the Lake States Shippers Association dropped their challenge after meeting with officials from Watco, which plans to buy 650 miles of CN track.

The shipper groups notified the U.S. Surface Transportation Board of their new position in a filing with the board.

The filing indicated that Watco has addressed the concerns of the shippers, including that Watco would be subject to the same conditions the STB imposed on CN as part of its 2001 purchase of Wisconsin Central.

The shippers now support Watco’s acquisition of the CN lines.

Watco hopes to begin operations on the lines in question on June 30.

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